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A 8267 New York Assembly · 2025 Regular Session

Relates to extending the benefits of the variable supplements fund for transit police members of the New York city employees' retirement system

Summary
Extends the benefits of the variable supplements fund for transit police members of the New York city employees' retirement system for persons who retired on or after October 1, 1968.
Issues: ✓ Labor & EmploymentSupports Labor & EmploymentExtends retirement benefits for transit police retirees, directly expanding worker benefits for a specific employment group within labor/retirement policy.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 6, 2025 Last action Feb 26, 2026
Maddy AI version diff · 1 comparison

What changed between versions

A8267 → A8267A · 5 edits
MODERATE
This bill was amended to update its status in the legislative process and adjust fiscal projections for a transit police retirement benefit extension. The changes reflect updated actuarial data and revised funding estimates based on more recent census information.
Scope change
The bill's scope remains the same - it extends retirement benefits to transit police officers who retired between 1968 and 1987 with 20+ years of service - but the financial projections have been updated.
TIMELINE

Added committee action language indicating the bill was discharged from committee, amended, and recommitted to the Committee on Governmental Employees.

FISCAL

Updated fiscal projections showing employer contributions decreased from $18.1M in 2026 to $15.7M in 2027, with the first year of benefits starting in 2027 instead of 2026.

Revised actuarial present value of benefits from $16.4M to $14.2M based on updated June 2025 census data.

Updated amortization payment for unfunded accrued liability from $18.1M to $15.7M.

TECHNICAL

Adjusted census data showing the number of eligible receiving members decreased from 283 to 257, with average age increasing from 83.4 to 84.3 years.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
4
Key actions
2
Committee
2
Amendments
2
Feb 26, 2026
Lower · Passed
PRINT NUMBER 8267A
lower
Feb 26, 2026
Lower · Passed
AMEND AND RECOMMIT TO GOVERNMENTAL EMPLOYEES
lower
Jan 7, 2026
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
May 6, 2025
Committee
REFERRED TO GOVERNMENTAL EMPLOYEES
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Stacey Pheffer Amato
Stacey Pheffer Amato
DDemocratic
NY
23